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Exclusive: Bike taxi startup Hey Bob shuts down

Thursday, September 15, 2016 | More »

Vishal Kumar BM
Hey Bob, Bengaluru’s first bike taxi startup, has shut down after failing to raise fresh funding. “Yes, it has shut down,” co-founder Vishal Kumar BM told TechCircle on Thursday. “We have not made a formal announcement yet. We met our investors and we had a long chat and we decided to move o...

Vishal Kumar BM

Exclusive: Bike taxi startup Hey Bob halts operations on fund crunch

Hey Bob, Bengaluru’s first bike taxi firm, has suspended operations barely a year after launching its services due to a shortage of funds, a co-founder told TechCircle. “We had to stop because of lack of funds. It is not that we have shut down but we have stopped operations for some time now,”...

7 September, 2016 | More »

Ola

Exclusive: Ola looks to acquire app-based bike taxi startups

Cab aggregator Ola is looking to acquire bike taxi operators in several cities, according to multiple people directly familiar with the matter, as the SoftBank-backed company aims to quickly expand in a segment that has vast growth potential in India’s traffic-choked cities. ANI Technologies Pvt. ...

11 August, 2016 | More »